HomeMy WebLinkAboutAgenda Statement 1971/11/09 Item 11CITY 0.7,' C'II ULA l /?STA STA e'c' ^OIL°:1?l�'1,77'AR1' ON AGENDA IT Eh.' 1,70. 11
C:.7-P' `' CrJUdC 1
,
MEETING u? 11 -9 -71
ITEM T_TT ZF : Resolution -- Annrooriation cf Gas Tax funds to
reserve projects
INITIATOR: Gordon K. Grant, Director of Finance
ACTIOil'
REQUESTED: Approval of resolution
Copy of Resolution n Ordinance El Agreement 0 Plat El attached
BACKGROUND:
In accordance with the attached memo from the Public Works Director,
a resolution is requested appropriating surplus balances in the Gas
Tax Fund, as of June 30, 1971:
To Project #138
'Unexpended 2i06 Reserve $ 43,462.70
To Project #134
Unexpended 2107 Reserve 4411101.00
The above balances represent the differences between estimated and
actual revenue used in preparing the Gas Tax budget.
See attached exhibit from the Director or Public Works.
FINANCIAL
STATEMENT:
COMMISSION -BOARD
RECOMMENDATION:
DEPARTNF,NT HEAD
RECOMMENDATIO1J:
CITY
REC0M1dI %N A T I UPJ :
See EXHIBITS 0 No. 1 _ 2
None required
Not applicable
Approval
Concur
Form No. CA 100
REQUEST FOR COUNCIL ACTION
DATE: October 28, 1971
FROM: Gordon K. Grant, Director of Finance
TO: City Attorney
SUBJECT: Special Appropriation of Gas Tax Funds
Your office is requested to prepare the necessary [X] Resolution;
[ ] Ordinance; [ ] Agreement; to be presented to the City Council for
action on November 9 , 1971 , on the subject matter.
Supporting information: (Use other side if necessary)
In accordance with the attached memo from the Public Works Director, will
you please prepare a resolution appropriating surplus balances in the Gas
Tax Fund, as of June 30, 1971:
To Project #138
Unexpended 2106 Reserve $ 4,462.70
To Project #134
Unexpended 2107 Reserve 44,101.00
The above balances represent the differences between estimated and actual
revenue used in preparing the Gas Tax budget.
Attachments: yes (1)
Originating Dept. No. 1420
Fotm No. CA 102
7 -66
CERTIFICATE OF CITY FINANCE OFFICER
Certification of Unappropriated Balance
I HEREBY CERTIFY that the money required for the
appropriation of funds for the purpose set forth in the
attached resolution is available in the Treasury, or is
anticipated to come into the Treasury, and is otherwise
unappropriated. /
Amount $ 7 •% �`� -�i ?Fund _ ��-�'� -t�C - Li��¢-� 79-'X v�cF
Purpose %/� /lc�rL.l �C'�' ✓z-x G- ec
V
Bidder �3�� -mac �j 1'--2
7d'- -- /3r
Date //- /
41V z ?=
/ BY
,-1-Zl
L'inance Ur_ricer
The City of Chula Vista
Certification of Unencumbered Balance
I HEREBY CERTIFY that the indebtedness and oblig-
ation to be incurred by the contract or agreement author-
ized by the attached resolution can be incurred without
the violation of any of the provisions of the Charter of
the City of Chula Vista, or the Constitution or the laws
of the State of California, that sufficient monies have
been appropriated for the purpose of said contract, that
sufficient monies to meet the obligations of the contract
are actually in the Treasury, or are anticipated to come
into the Treasury to the credit of the appropriation from
which the same are to be drawn, and that said monies now
actually in the Treasury, together with the monies antic-
ipated to come into the Treasury, to the credit of said
appropriation are otherwise unencumbered.
Amount Not to Exceed $
Date
Fund
Purpose
Bidder
Finance Officer
The City of Chula Vista
By
Dept. /Activity
Certificate No.
DATE:
TO:
FROM:
SUBJECT:
DEPARTMENTAL CORRESPONDENCE
September 27, 1971
Gordon Grant, Director- of Finance
Lane F. Cole, Director of Public Works
Adjustment of Gas Tax Funds
The 1970 -71 Gas Tax Budget was based upon estimated income in regard
to 2106 and 2107 funds. Actual income from these sources is now
available. It is desirable that Engineering and Finance records
be adjusted to reflect the difference in estimated and actual income.
The following is a summary of adjustments to be made relative to
the '70 -171 fiscal year:
2106 Funds
170 -'71. Estimated $274,870.00
'70 -'71 Actual 279,332.70
CREDIT 4,462.70
2107 Funds
'70 -171 Estimated $275,530.00
'70 -'71 Actual 284,608.85
CREDIT 9,078.85
Other 2107 Income
County refund of condemnation
deposit (Account #28 -3671) Credit - $300.00
Investment Earnings, 170 -171 Est. $ 40,000.00
Investment Earnings, '70-171
Actual 74 722.15
CREDIT 34,722.15
Sum,aa-ry of Credits
2106 Funds $ 4,462.70
2301 Fonds 44,101.00
Please apply the above amounts to Project k138, "Unexpended 2106
Reserve" and Project #134, "Unexpended 2107 Reserve" respectively.
IVEH /m
A 111
City o6 Chuta Vista, Cati�o, nia
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